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An agent-based model is a virtual world comprising distributed heterogeneous agents who interact over time. In a spatial agent-based model the agents are situated in a spatial environment and are typically assumed to be able to move in various ways across this environment. Some kinds of social...
Persistent link: https://www.econbiz.de/10014024374
In the first part of the paper, the field of Agent-Based Modelling (ABM) is discussed focusing on the role of generative theories, aiming at explaining phenomena by growing them. After a brief analysis of the major strengths of the field some crucial weaknesses are analysed. In particular, the...
Persistent link: https://www.econbiz.de/10013067749
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Agent-based modeling/simulation is an emerging field that uses bottom-up and experimental analysis in the social sciences. Selected research from that presented at the Third International Workshop on Agent-Based Approaches in Economic and Social Complex Systems 2004, held in May 2004 in Kyoto,...
Persistent link: https://www.econbiz.de/10013521076
In the natural sciences, computational methods have become a central part of the research process. In disciplines as diverse as physics, cosmology, chemistry, and pharmacy, computer-based modeling drives scientific progress and has become a standard tool for scientific research (Morrison 2015)....
Persistent link: https://www.econbiz.de/10012704073